SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
ROOT JOEY

(Last) (First) (Middle)
608 SOUTH MAIN

(Street)
STILLWATER OK 74074

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SOUTHWEST BANCORP INC [ OKSB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, Central OK Div*
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2004
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/07/2004 M 3,000 A $4.46 6,725 D
Common Stock 04/07/2004 M 6,000 A $8.665 12,725 D
Common Stock 04/07/2004 M 3,000 A $7.105 15,725 D
Common Stock 04/07/2004 M 1,800 A $5.26 17,525 D
Common Stock 04/07/2004 M 5,000 A $5.26 22,525 D
Common Stock 04/07/2004 M 1,418 A $9.365 23,943 D
Common Stock 04/07/2004 M 8,626 A $9.365 32,569 D
Common Stock 04/07/2004 M 3,376 A $11.72 35,945 D
Common Stock 04/07/2004 M 2,222 A $11.72 38,167 D
Common Stock 04/07/2004 S 34,442 D $17.046 3,725 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee stock option $4.46 04/07/2004 M 3,000 (1) 03/21/2005 Common 3,000 $0 0(2) D
Employee stock option $8.665 04/07/2004 M 6,000 (1) 02/18/2009 Common 6,000 $0 6,000(2) D
Employee stock option $7.105 04/07/2004 M 3,000 (1) 12/16/2009 Common 3,000 $0 7,500(2) D
Employee stock option $5.26 04/07/2004 M 1,800 (1) 12/21/2010 Common 1,800 $0 5,400(2) D
Employee stock option $5.26 04/07/2004 M 5,000 (1) 12/21/2005 Common 5,000 $0 0(2) D
Employee stock option $9.365 04/07/2004 M 1,418 (1) 01/25/2007 Common 1,418 $0 0(2) D
Employee stock option $9.365 04/07/2004 M 8,626 (1) 01/25/2007 Common 8,626 $0 0(2) D
Employee stock option $11.72 04/07/2004 M 3,376 (1) 03/11/2008 Common 3,376 $0 0(2) D
Employee stock option $11.72 04/07/2004 M 2,222 (1) 03/11/2008 Common 2,222 $0 2,800(2) D
Employee stock option $16.8 (1) 03/05/2008 Common 6,094 6,094(2) D
Explanation of Responses:
1. Granted under stock option plan. Represents options with varying vesting dates.
2. Reflects number of options having same exercise price and expiration date
Remarks:
* Officer at principal subsidiary of issuer
/s/ Kerby Crowell by POA 04/08/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.